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Old Oct 11, 2004 | 11:46 AM
  #1  
lukuge's Avatar
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Default dumb question?

Hey, I have a question about a type R..

I am trying to find one that I want to buy but I dont want to get screwed going throught a private party..

The one im looking at buying is a 2000 type R, 50k miles and it is 12k.

the only problem is that its a theft recovery.. exactly how bad does that make the car? Is 12k for a theft recovery a bad deal?
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Old Oct 11, 2004 | 11:54 AM
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Default Re: dumb question? (kiapride)

The thing that makes a theft recovery bad is that the thief most likely stripped the car. Since it is for sale, it means the owner got the car and replaced the missing parts. A theft recovery is a good deal only if you can verify that the owner did a good job bringing the car back to spec. If he did, I wouldn't have any problem buying the car.

The other thing is if you want to sell it again in the future, the theft title will hurt the resale just like it is doing now.

When you buy any car, you should have a mechanic do a thorough inspection before buying .
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Old Oct 11, 2004 | 11:59 AM
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Default Re: dumb question? (kiapride)



It looks like the owner did a good job of recovering it. I want it.
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Old Oct 11, 2004 | 12:02 PM
  #4  
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Default Re: dumb question? (kiapride)

im retarded.. one sec, ill get a pic of it up.
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Old Oct 11, 2004 | 12:06 PM
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Default Re: dumb question? (kiapride)

Personally I would never buy a stolen recovery if I were to keep it for value. If it were for a beater that a different story

Edited for Spelling corrections


Modified by Bbasso at 4:32 PM 10/11/2004
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Old Oct 11, 2004 | 12:26 PM
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Default Re: dumb question? (Bbasso)

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by Bbasso &raquo;</TD></TR><TR><TD CLASS="quote">personally I would never buy a stoel recovery if I were to keep it for value. If it were for a beater that a different story </TD></TR></TABLE>

Thats what i was going to say.
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Old Oct 11, 2004 | 03:55 PM
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Default Re: dumb question? (Bbasso)

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by Bbasso &raquo;</TD></TR><TR><TD CLASS="quote">Personally I would never buy a stolen recovery if I were to keep it for value. If it were for a beater that a different story

Edited for Spelling corrections


Modified by Bbasso at 4:32 PM 10/11/2004</TD></TR></TABLE>

Like Bbasso said, I wouldn't buy the car if you want to keep it for value. But if you need a car and as long as it doesn't have frame damage etc, go for it
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Old Oct 11, 2004 | 03:57 PM
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Default Re: dumb question? (kiapride)



j/k, personally, I'd stay away from a salvage title car.
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Old Oct 11, 2004 | 04:24 PM
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Default Re: dumb question? (kiapride)

My R has a theft/recovery on it. I just took it to Acura for a full inspection and everything checked out clean. Had it for a year, done lots of mods and everything has been great. Up here in Canada a theft/recovery does not make it a salvage title; just that it has been stolen for over thirty days and the owner has been paid out, then the police found it.
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Old Oct 11, 2004 | 06:34 PM
  #10  
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Default Re: dumb question? (white rocket)

Im confused... ive never dealt with a theft recovery.. does theft recovery make it a salvaged title? (sorry)
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Old Oct 11, 2004 | 06:40 PM
  #11  
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Default Re: dumb question? (kiapride)

my boy has a 97 cw type r with 70k for 13,500
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Old Oct 11, 2004 | 07:43 PM
  #12  
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Default Re: dumb question? (kiapride)

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by kiapride &raquo;</TD></TR><TR><TD CLASS="quote">Im confused... ive never dealt with a theft recovery.. does theft recovery make it a salvaged title? (sorry) </TD></TR></TABLE>


It could, depends on what happened to it. Best bet is to have the car checked out at the dealer.
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Old Oct 11, 2004 | 07:55 PM
  #13  
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Default Re: dumb question? (kiapride)

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by kiapride &raquo;</TD></TR><TR><TD CLASS="quote">Im confused... ive never dealt with a theft recovery.. does theft recovery make it a salvaged title? (sorry) </TD></TR></TABLE>

Read my post above yours. US may be different than Canada. Salvage means that the vehicle has sustained damage that cost more to repair than the car is worth. Insurance companies use a rule of thumb of 20% of the value, give or take. In a theft, if the vehicle isn't recovered within 30 days the insurance company pays out the owner, same if it is a 'write-off'. Then the vehicle is recovered, sold at an auction with a 'theft and recovery' declaration on it(where I got mine from). Like I said, I had it checked by my local Acura dealer. Engine, frame, body; no stone was left unturned, they can also check for prior damage, ie: frame repair, gaps in panels, bad re-wiring, etc. My car was so nice when I bought it that the service manager offered me over $3000 more than I paid for it the day before.
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Old Oct 11, 2004 | 07:59 PM
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Default Re: dumb question? (JDM Factor)

I think the original poster does not know the other meaning of a theft recovery (salvage title)

A salvage title is issued for a vehicle that has become a "distressed vehicle". A vehicle becomes "distressed" when one or more major component parts (such as bumpers, fenders, transmission, engine, hood, doors, frame, tailgate, body, etc.) have been wrecked, destroyed, damaged, stolen, or are missing to the extent the total estimated damage is from 75% to less than 91% of its pre-damaged cash value. The vehicle owner's insurance company will determine the amount of damage to the vehicle. The regular title is replaced with a salvage title.

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